Hundreds of UK local councils have overspent almost £2 billion on energy in the past three years due to inefficient procurement, with three-quarters paying...
Infrastructure Minister Chris Bishop and Regional Development Minister Shane Jones have hailed the approval of Genesis Energy’s Tekapo power scheme as the first renewable...
India’s state-owned Indian Oil Corporation (IOC) says it will continue importing Russian crude oil as long as purchases comply with international sanctions.
“We are absolutely...
Resources Minister Shane Jones will embark on an international mission to attract investment and partnerships in New Zealand’s mining and geothermal sectors, attending three...
Venezuela was ready to give Washington a stake in its oil sector to de-escalate tensions, sources told the paper.
Venezuela has offered the US sweeping...
The development of the energy sector is successful in the countries that invest in infrastructure, while prioritizing gas and hydropower.
Africa is rapidly becoming one...
The New Zealand Council of Trade Unions (NZCTU) is urging political parties to adopt a bold policy to bring the country’s electricity gentailers back...
Petroleum operators can once again apply for new prospecting and exploration permits beyond onshore Taranaki, enabling the work needed to grow New Zealand’s dwindling...
Surging bills undercut President Donald Trump’s vow to ease pressure on American consumers, according to a report.
Booming demand from artificial intelligence (AI) has been...
A powerful coalition of business and consumer organisations has issued a public plea to Prime Minister Christopher Luxon to overhaul New Zealand’s "broken" energy...
The escalating conflict in the Middle East could send the commodity skyrocketing – Foreign Minister.
Escalating tensions in the Middle East and a potential closure...
Rising tensions between Israel and Iran, marked by military strikes and retaliations, have disrupted global trade and sent oil prices surging.
Flights to Tel Aviv...
The Government has announced a sweeping overhaul of planning rules under the Resource Management Act (RMA) aimed at tackling New Zealand’s infrastructure deficit and...
Transpower’s latest draft Security of Supply Assessment warns that the risk of electricity shortages in New Zealand will rise from winter 2026—four years earlier...
The Islamic Republic has reportedly proposed an alternative to Trump’s demand that it halt uranium enrichment.
Iran has proposed setting up a joint nuclear enrichment...
Crude prices have dropped below $64 per barrel as US-China trade tensions fuel fears of a recession.
Oil prices tumbled over 3% on Monday, deepening...
The Commerce Commission has postponed its decision on Contact Energy's proposed $2 billion acquisition of Manawa Energy, extending the deadline until 31 March next...
The New Zealand government is taking steps to strengthen the country’s fuel resilience to protect against potential disruptions, Associate Energy Minister Shane Jones announced.
Recognising...
Global oil markets reacted sharply on Friday as the ongoing conflict in the Middle East intensified.
Israel's invasion of Lebanon and Iran's missile attack on...
Over 90 percent of submissions have expressed broad support for a new minerals strategy in New Zealand, demonstrating widespread approval for a long-term approach...
A study of New Zealand’s fuel security, including investigating reopening the Marsden Point refinery, will soon get underway as the Coalition Government seeks to...
Increasing national and regional prosperity, providing the minerals needed for new technology and the clean energy transition, and doubling the value of minerals exports...
A leap year technical glitch has caused outages at fuel stations across the country, affecting motorists at all fuel brands.
Allied Petroleum and Gull acknowledged...
While the extension of the bloc’s 2022 emergency demand reduction was framed as a success, the impact has been severe.
Europeans must maintain the reduced...
A fifth of global supplies were sold and purchased using other currencies, according to analysts’ estimates.
Global consumers and exporters of crude are now managing...
Electricity prices will be permanently high, Klaus Muller warns.
Households in Germany will continue to struggle with high electricity and heating costs amid the cost-of-living...
US scientists have successfully repeated a historic experiment creating fusion energy, proving the process can be replicated.
US government scientists have claimed that they can...
